GNYCUC Honors Naftali Group As 2017 Developer Of The Year During 2018 New Year’s Reception

2/1/18

The Greater New York Construction User Council (GNYCUC) is pleased to announce thatthe Naftali Group was honored as the 2017 Developer of the Year duringits2018 New Year’s Reception,hosted in Penthouse Bof Naftali Group’s beautifully restored, historic residential building, The Shephard,at 275 West 10th Streetin Manhattan’s West Village.

John Pierce, GNYCUC’s Chairman as well as Vice President of Design & Construction at Rockefeller Group, informed attendees, “In the past five years alone, Naftali Group completed 14 projects, including six condominiums, two ground-up multi-family developments and the completion of Pace University’s dormitory, also recognized as the world’s tallest college residence.”

Naftali Group’s Executive Vice President of Construction Michael Witek, Executive Vice President of Marketing & Design Matthew Van Damm and Manager of Marketing & Design Danielle Naftali accepted the award on behalf of Founder Miki Naftali.

The evening’s celebration had premier skyline views thanks to its setting in Penthouse B, which is one of three penthouses in the 12-story Shephard condo development.Originally constructed in 1896 as a warehouse, the building was converted in the 1970s to arental building, before Naftali implemented a major overhaul following its acquisition of the property in 2014, reconfiguring it to create 38 spacious residences. Brand new amenity spaces include an indoor half-basketball court, a bouldering wall for climbing, a state-of-the-art private wood-paneled gym, a Pilates studio, a golf simulator, a game room featuring vintage arcade games and a custom BDDW ping-pong table, a screening room and a children’s art room. Other amenities include a paneled library curated by premier book publisher Assouline and a lush private garden.

“At Naftali Group, we pride ourselves in our discipline and commitment to quality and innovation, talents that we harness as a team to achieve premier, bespoke results seen throughout properties such as The Shephard,” said Witek. “This is why it’s such a great honor to accept this award which commendsourefforts, in this setting, on behalf of our brilliant founder Miki Naftali.”

Guests at the event also toured another residence at the Shephard. Listed for $10.5 million, 12 Ais a three-bedroom, three-and-a-half-bathroom unit with exceptional views.

ABOUT NAFTALI GROUP

The Naftali Group is one of New York’s most active real estate developers of residential, commercial, institutional, mixed-use and retail properties. Collaborating with leaders in interior design, architecture and construction, the group is committed to excellence in developing properties that are exceptional in their attention to detail, quality, sustainability and design.

Naftali Group currently owns, operates and is developing 14 residential properties in prime neighborhoods throughout New York City made up of more than 1,000 units and approximately 1,337,000 square feet. As a builder, owner and operator, Naftali Group’s portfolio includes 275 West 10th Street, 182 West 82nd Street, 210 West 77th Street, 221 West 77th Street, The Seymour at 261 West 25th Street, 234 East 23rd Street, The Arthur at 245 West 25th Street, The Landmark Park Slope, 33 Beekman and other multifamily assets and investments throughout New York City. For more information please visit www.naftaligroup.com.

About The Greater New York Construction User Council (GNYCUC)

The GNYCUC supports the practical needs of real estate owners and users of construction services by providing a thorough understanding of construction policy, techniques, and management and promoting best practices throughout the industry. The GNYCUC continues to be focused on the needs of owners and “users” of construction services, with the goal of improving the management and cost-effectiveness of construction and related practices. To learn more, please visit www.gnycuc.org

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